1/4% Tax on all stock trades pushed in NY Times today

Quote from shneed:

One way to fight this is in the US is to donate money to whomever is running in the next election against the bill sponsors. Put your money where your mouth is!!!


Cosponsors:
Earl Blumenauer [D-OR3]
Bruce Braley [D-IA1]
John Conyers [D-MI14]
Donna Edwards [D-MD4]
Bob Filner [D-CA51]
Maurice Hinchey [D-NY22]

Mazie Hirono [D-HI2]
Henry Johnson [D-GA4]
John Sarbanes [D-MD3]
Robert Scott [D-VA3]
Louise Slaughter [D-NY28]
Fortney Stark [D-CA13]

Do you see all those "D"'s.

Democrats are the biggest threat to our society.

They steal for votes. OWS was started by a communist magazine out of Canada. Then the unions and the dems get on board.

I hope any fool here who is a democrat, look very deeply into what the party is all about. And who they are in bed with.
 
Quote from tomdavis:

The 2012 elections will be extremely important. The unions have made it clear that they're going to give their full support to pro-FTT candidates. We need to find and support anti-FTT candidates every way we can.

Agreed.

The only good thing here is that unions represent only 7% of the workforce and declining. The wars against unions have largely been won in the recent years.
 
Quote from andohmeeta:

Host leaders use the G20 stage to push their own agendas – 2012 Mexico, 2013 Russia, 2014 Australia, 2015 Turkey.

dwrowley: “I'm not quite sure why people don't universally see a FTT as both impractical to manage as well as an insanely bad idea...”

clearinghouse: “There are web sites out there, advocacy groups, and grassroots operations focused around this one issue. I think the elites are definitely financing this because it has all the markers of a propaganda operation”

zdreg: “the response to congress has to have a mathematical example which shows that the FTT would put you out of business. more importantly the tax will never be collected because traders will withdraw from the market.
I don't believe that fazio or harkin understand this point.”

These comments highlight absence of a “NON-trader-biased” (anonymously composed) FTT website compiling simplified analysis of the stealth tax, demystifying its dangers and complexities. Ordinary, mass-dudded people have no alternative, truthful, readily understood resource.
Persuasion requires clarification using the KISS principle. The deceivers are applying this tactic.
Ready links to excerpts from original IMF report the recent EU report (that debunked their own proposal), points from yesterday’s Chance 14 questions etc. etc. are hidden truths and factually important.
In any campaign the public (and political researchers/advisors) must be facilitated with facts. It's too easy for them to receive and believe the loudest, most insistent voices.

e.g. "Financial Transaction Tax - the Hidden (Ugly) Truth". The link to an educational, NON-trader-biased resource could become the gold standard go-to for journalists, politicians, news comments etc.


http://financialtransactiontaxes.com/
 

Thanks! Now let's help this evolve.
There's been an information dispersal=dilution vacuum. Despite a wealth of credentialed ftt rebuttals (many brilliant examples hidden here) the real facts have (until now) not been collated into an instantly useful educational one-stop-shop. The pro side has for too long enjoyed a website monopoly. It has given legs to everything other than facts. Most politicians (as listed here) need the facts and figures spelled out for them.

IMHO the ftt is 95% dead. BUT while deceivers are at large an independent fact site facilitating easy information distribution can only be a positive thing.
Thanks again.

:)
 
I know this might be a little off topic, but has anyone ever considered a brokerage withdrawl tax? Not saying that I'm advocating it, but the money is already taxed before going in, once it's in the account you can trade it to your hearts content tax free. This would apply both to the HFT trader and the guy who just buys a mutual fund. But upon withdrawl, win lose or draw the broker would be forced to send a percentage of the withdrawl to Uncle Sam.

Similar to a reg IRA, but without the deduction going in. You pay a premium for tax free accumulation and extremely low tax accounting.
 
Quote from andohmeeta:

Thanks! Now let's help this evolve.
There's been an information dispersal=dilution vacuum. Despite a wealth of credentialed ftt rebuttals (many brilliant examples hidden here) the real facts have (until now) not been collated into an instantly useful educational one-stop-shop. The pro side has for too long enjoyed a website monopoly. It has given legs to everything other than facts. Most politicians (as listed here) need the facts and figures spelled out for them.

IMHO the ftt is 95% dead. BUT while deceivers are at large an independent fact site facilitating easy information distribution can only be a positive thing.
Thanks again.

:)



Comments/contributions welcomed. I'll try to pack as much on there as I can over the next week ... Post them here or send them directly to info@financialtransactiontaxes.com

http://www.financialtransactiontaxes.com
 
Quote from lindq:

This is great...but...your email is not working (it was returned), and your contact page is not working.



ok, thanks ... will get this fixed within an hour
 
Quote from tortoise:

Comments/contributions welcomed. I'll try to pack as much on there as I can over the next week ... Post them here or send them directly to info@financialtransactiontaxes.com

http://www.financialtransactiontaxes.com


Email and "contact us" now functioning. I plan to beef up the editorial content hugely over the next week. Please feel free to alert me to anything you think ought to be included (or left out). Also -- very important -- please post this URL far and wide. It's important for this to appear at the top of the Google rankings right alongside the twaddle from Oxfam, etc., and the way that will happen is through backlinks to the site. (The Robin Hood Tax people backlink like crazy, needless to say.)

Also, fwiw, http://www.robinhoodtaxes.com now links directly to http://www.financialtransactiontaxes.com.
 
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